HD Hyundai and NED Expand Relationship with ‘Flagship’ Locations in Florida and Texas

HD Hyundai Construction Equipment North America and National Equipment Dealers (NED) announced a five-year distribution agreement to accelerate Hyundai’s North American market coverage and growth initiatives while expanding NED’s dealership territory coverage.
Aug. 15, 2024
2 min read

HD Hyundai Construction Equipment North America and National Equipment Dealers (NED) announced a five-year distribution agreement to accelerate Hyundai’s North American market coverage and growth initiatives while expanding NED’s dealership territory coverage.

NED CEO Zack Kavanaugh and president & chief operating officer Jesse Beasley recently visited Hyundai’s top executive management in Seoul, Korea, to discuss the new agreement, which establishes multiple Hyundai “flagship stores” to expand NED’s dealer footprint. 

The new NED branches will be Hyundai-branded stores. These strategic locations in high growth-potential markets include a recently opened branch in Jacksonville, Fla., and future locations in Fort Myers, Fla.; and Austin and Dallas, Texas. The new branches will stock Hyundai inventory ranging from compact excavators and skid steer loaders to larger crawler excavators, wheel loaders, and off-road haul trucks. They also will be well equipped with state-of-the-art service facilities and tooling to provide first-class service to Hyundai customers.

“This strategic alignment with HD Hyundai along with our shared vision for growth and focus on new markets, will help us reach new Hyundai customers while providing exceptional product, sales, and service support to a broader customer base,” said Kavanaugh.

“HD Hyundai values our strategic relationship with NED,” said Stan Park, president, HD Hyundai Construction Equipment North America. “The new NED ‘flagship’ stores ensure high-profile presence for Hyundai in several fast-growing markets, with the further assurance of excellent customer support.”

For more about HD Hyundai Construction Equipment NA’s products or dealership opportunities, visit na.hd-hyundaice.com

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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